Coda Octopus Group, Inc. (CODA) Q3 2024 Earnings Call Transcript Summary
Coda Octopus Group, Inc. (CODA) Q3 2024 Earnings Call Transcript Summary
Operating income grew 61.2% to $1.4 million.The following is a summary of the Coda Octopus Group, Inc. (CODA) Q3 2024 Earnings Call Transcript:
以下是Coda Octopus Group, Inc. (CODA) Q3 2024 業績會講演摘要：
Financial Performance:
金融業績：
Q3 revenue increased 12% year-over-year to $5.5 million.
Gross profit margin improved to 82.9% in Marine Technology and 62.6% in Engineering.
Operating income grew 61.2% to $1.4 million.
Net income reached $1.3 million, or $0.11 per diluted share, up from $1 million or $0.09 in Q3 2023.
Q3 營業收入同比增長12%，達到550萬美元。
海洋技術部門的毛利潤率提高到82.9%，工程部門的毛利潤率提高到62.6%。
營業收入增長61.2%，達到140萬美元。
淨利潤達到130萬美元，每股稀釋後利潤爲0.11美元，較Q3 2023年的100萬美元或每股利潤0.09美元有所增長。
Business Progress:
業務進展：
Executed successful demo of Echoscope PIPE sonar technology, leading to new partnerships.
Increased utilization of rental assets contributing to higher gross profit.
Addressing new markets and applications with DAVD and Echoscope systems.
成功展示了Echoscope PIPE聲納技術，導致了新的合作伙伴關係。
租賃資產利用率提高，進而促使毛利潤增加。
通過DAVD和Echoscope系統開拓新市場和應用領域。
Opportunities:
機會：
Revenue from Engineering Business increased due to back-end loaded projects.
Continued expansion into defense applications aims to drive future revenue.
Engagement with multiple U.S. Navy groups for trials and robust interest from allied navies in DAVD and Echoscope.
由於後期項目增多，工程業務收入增加。
持續擴大軍工股應用領域，旨在推動未來的營業收入。
與多個美國海軍團體合作進行試驗，並且DAVD和Echoscope系統在友邦海軍中得到了密切關注。
Risks:
風險：
Lower North American sales due to the U.S. Presidential election's effect on defense spending.
Dependency on funding from U.S. defense programs is significant, with impacts from political shifts noted.
北美銷售下降，原因是美國總統選舉對軍工支出產生了影響。
對美國國防項目的資金依賴性很大，並且受到政治變動的影響。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
